Donating Appreciated Securities
Leverage Your Gift by Donating Appreciated Securities
STOCK, BOND OR ETF TRANSFER
- Inform your broker in writing that you wish to donate appreciated securities to the NHCS Foundation, and give them the following information:
DTC: #0164, Code 40
Receiving Institution: Charles Schwab & Co.
Account Name: NHCS Fdn Unrestricted
Account Number: 48973927
NHCS Foundation Tax Identification #: 04-3462888
- Let us know that you have initiated a transfer of securities to the Neighborhood House account by contacting Nicole Morrell at or (617) 825-0703 x3290. Be sure to let us know your name, so that we can give you the proper tax receipt as well as acknowledging your gift.
- The value of your gift will be calculated by using the mean value of each share on the date the shares arrive in our brokerage or mutual fund account. Our broker is Charles Schwab & Co.
- If you are concerned about the timing of your gift, please be sure to work closely with your broker or mutual fund company to ensure that the shares are transferred in a timely manner.
MUTUAL FUND TRANSFER
Mutual funds usually take a little longer to transfer, as each mutual fund company has its own requirements for making charitable contributions. Allow at least one month for the transfer. Follow the same steps as above, and be sure to let us know that you have initiated a mutual fund transfer to the Neighborhood House account by contacting Nicole Morrell at or (617) 825-0703 x3290.
If you would like to transfer non-marketable securities, contact Nicole Morrell, Director of Development at . *As always, be sure to consult with your tax advisor when making a charitable contribution to any organization.